VIRTUAL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: Variational Omni against Polymarket Perps+0.216%7-day average −0.052% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.015%+$2 on $10k

Price spread, last 4 days (all we have)−0.363%−$36 · spread now +0.216%, 7d avg −0.052%

Together, before fees−0.348%+ Points / potential airdropVariational Omni: Active · farm board−$35 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.268% dearer against Polymarket Perps than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VIRTUAL-USD	0.7108	0.0100	pay 0.0013% / 1h	48m 07s	$68K	$1.0M	5x
Short	Variational Omni VIRTUAL	0.7124	0.0100	get 0.0050% / 4h	48m 07s	$531K	$909K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee Variational OmnibpOrdersPrice spread, now +0.216%Rate

Funding earned: $0
Price spread: +0.216% → −0.052%: $26.8
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $18.8
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Polymarket Perps: live order book, 5 min ago; Variational Omni: RFQ quote, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Polymarket Perps live order book, 5 min ago	2.52 bp	6.7 bp −$7	7.9 bp −$79	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 11 min ago	4.20 bp	doesn't fit	19.6 bp −$196	doesn't fit	doesn't fit

VIRTUAL on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit VIRTUAL_USDC-PERPETUAL	−0.0313%	1h	0.7098	−0.146%	$15K	$40K	10x	as long as short
Reya VIRTUALRUSDPERP	−0.0139%	1h	0.7099	−0.135%	$24	—	10x	as long as short
01 Exchange VIRTUALUSD	−0.0112%	1h	0.7099	−0.132%	$2K	$131	10x	as long as short
Lighter VIRTUAL	−0.0088%	1h	0.7093	−0.224%	$323K	$414K	5x	as long as short
Phoenix VIRTUAL	−0.0034%	1h	0.7137	+0.398%	$11K	$37K	5x	as long as short
gTrade (Gains Network) VIRTUAL/USD	L +0.0007% / S −0.0005%	1h	0.7103	−0.074%	$14K	—	150x	as long as short
Injective VIRTUAL/USDC PERP	+0.0033%	1h	0.7117	+0.121%	$46	$88K	5.5x	as long as short
Orderly PERP_VIRTUAL_USDC	+0.0089%	4h	0.7098	−0.146%	$14K	$1.5M	10x	as long as short
SoDEX VIRTUAL-USD	+0.0100%	1h	0.7094	−0.205%	$1K	$9K	5x	as long as short
Hyperliquid VIRTUAL	+0.0100%	1h	0.7106	−0.032%	$8.7M	$4.1M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VIRTUALUSDT	+0.0100%	4h	0.7106	−0.037%	$96K	$292K	20x	as long as short
Pacifica VIRTUAL	+0.0100%	1h	0.7106	−0.038%	$70K	$43K	5x	as long as short
Binance VIRTUALUSDT	+0.0100%	4h	0.7095	−0.189%	$16.1M	$40.5M	75x	as long as short
Bybit VIRTUALUSDT	+0.0100%	4h	0.7095	−0.189%	$16.3M	$18.4M	50x	as long as short
OKX VIRTUAL-USDT-SWAP	+0.0100%	4h	0.7097	−0.160%	$2.8M	$9.7M	20x	as long as short
Gate VIRTUAL_USDT	+0.0100%	4h	0.7100	−0.118%	$1.5M	$3.3M	75x	as long as short
MEXC VIRTUAL_USDT	+0.0100%	4h	0.7098	−0.146%	$17.6M	$4.3M	100x	as long as short
KuCoin VIRTUALUSDTM	+0.0100%	4h	0.7099	−0.132%	$2.9M	$4.3M	50x	as long as short
Bitget VIRTUALUSDT	+0.0100%	4h	0.7097	−0.160%	$6.1M	$5.8M	25x	as long as short
BingX VIRTUAL-USDT	+0.0100%	4h	0.7102	−0.090%	—	$7.9M	—	as long as short
Backpack VIRTUAL_USDC_PERP	+0.0100%	1h	0.7100	−0.118%	$238K	$207K	10x	as long as short
Variational Omni VIRTUALshort	+0.0100%	4h	0.7124	+0.216%	$531K	$909K	—
edgeX VIRTUALUSDC	+0.0100%	4h	0.7153	+0.625%	$19K	$260K	10x	as long as short
GRVT VIRTUAL_USDT_Perp	+0.0100%	4h	0.7148	+0.550%	$634K	$868K	10x	as long as short
ApeX Omni VIRTUALUSDT	+0.0100%	1h	0.7130	+0.304%	$40K	$240K	50x	as long as short
Polymarket Perps VIRTUAL-USDlong	+0.0100%	1h	0.7108	long leg	$68K	$1.0M	5x
SunX VIRTUAL-USDT	+0.0100%	4h	0.7096	−0.174%	$2K	$1.3M	20x	as long as short
Extended VIRTUAL-USD	+0.0104%	1h	0.7093	−0.211%	$55K	$267K	10x	as long as short
Aevo VIRTUAL-PERP	+0.0104%	1h	0.7098	−0.151%	$18K	—	3x	as long as short
GMX VIRTUAL/USD [WBTC.b-USDC]	L +0.0315% / S −0.0266%	1h	0.7101	−0.100%	$33K	—	100x	as long as short
BloFin VIRTUAL-USDT	+0.0340%	4h	0.7102	−0.090%	$800K	$887K	75x	as long as short
Coinbase International VIRTUAL-PERP-INTX	+0.0416%	1h	0.7179	+0.993%	$207K	$98K	50x	as long as short
Kraken Futures PF_VIRTUALUSD	+0.0807%	1h	0.7106	−0.035%	$589K	$665K	50x	as long as short